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Forex Trend Analysis Report

Prepared for you on Thursday, September 12, 2024.

Guatemalan Quetzal/US Dollar (FOREX:GTQUSD)

Countertrend Up (+85) - GTQUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid GTQUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GTQUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GTQUSD
Open High Low GTQUSD Price Change
0.12918088 0.12918088 0.12918088 0.12918088 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GTQUSD

long term up The long-term trend has been UP since Nov 14th, 2023 at 0.12844094

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 0.12919983

short term up The short-term trend has been UP since Sep 5th, 2024 at 0.12946269

Smart Scan Analysis for GTQUSD

Based on our trend formula, GTQUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GTQUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12918088 0.12918088 0.12918088 0.12918088 0.00000000
Prev. Close Volume Bid Ask Time
0.12933358 2024-09-07 04:49:21
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